Valkyrie Bitcoin Miners ETF | ||||||||
Schedule of Investments | ||||||||
December 31, 2022 (Unaudited) | ||||||||
Shares | Value | |||||||
COMMON STOCKS: 94.34% | ||||||||
Semiconductors & Semiconductor Equipment: 11.74% | ||||||||
Advanced Micro Devices, Inc. (a) | 658 | $ | 42,618 | |||||
Intel Corp. | 1,618 | 42,764 | ||||||
NVIDIA Corp. | 293 | 42,819 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. - ADR | 569 | 42,385 | ||||||
170,586 | ||||||||
Software: 79.79% | ||||||||
Argo Blockchain PLC - ADR (a) | 56,001 | 60,481 | ||||||
Bit Digital, Inc. (a)(b) | 114,607 | 68,764 | ||||||
Bitfarms Ltd. (a)(b) | 241,278 | 106,162 | ||||||
Cipher Mining, Inc. (a) | 103,426 | 57,919 | ||||||
Cleanspark, Inc. (a) | 82,637 | 168,579 | ||||||
Digihost Technology, Inc. (a)(b) | 166,902 | 60,085 | ||||||
Greenidge Generation Holdings, Inc. (a) | 156,318 | 45,192 | ||||||
HIVE Blockchain Technologies, Ltd. (a)(b) | 69,353 | 99,868 | ||||||
Hut 8 Mining Corp. (a)(b) | 118,480 | 100,708 | ||||||
Marathon Digital Holdings, Inc. (a) | 28,670 | 98,051 | ||||||
Mawson Infrastructure Group, Inc. (a) | 213,947 | 49,208 | ||||||
Riot Blockchain, Inc. (a) | 37,417 | 126,844 | ||||||
Stronghold Digital Mining, Inc. - Class A (a) | 121,474 | 58,198 | ||||||
Terawulf, Inc. (a) | 89,890 | 59,831 | ||||||
1,159,890 | ||||||||
Technology Hardware, Storage & Peripherals: 2.81% | ||||||||
Samsung Electronics Co, Ltd. - GDR | 37 | 40,885 | ||||||
TOTAL COMMON STOCKS (Cost $5,045,379) | 1,371,361 | |||||||
TOTAL INVESTMENTS (Cost $5,045,379): 94.34% | 1,371,361 | |||||||
Other Assets in Excess of Liabilities: 5.66% | 82,321 | |||||||
TOTAL NET ASSETS: 100.00% | $ | 1,453,682 |
ADR | American Depository Receipt | |||||||
GDR | Global Depository Receipt | |||||||
PLC | Public Limited Company | |||||||
(a) | Non-income producing security. | |||||||
(b) | Foreign issued security. |
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. | ||||||
and Standard & Poor's Financial Services, LLC (“S&P”). GICS is a service mark of MSCI and S&P and has been licensed for | ||||||
use by U.S. Bancorp Fund Services, LLC. |
Valkyrie Bitcoin Miners Opportunities ETF | ||||||||||
Summary of Fair Value Disclosure at December 31, 2022 (Unaudited) | ||||||||||
The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Accounting principles generally accepted in the United | ||||||||||
States of America ("U.S. GAAP") establish a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: | ||||||||||
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. | ||||||||||
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may | ||||||||||
include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, | ||||||||||
default rates and similar data. | ||||||||||
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions | ||||||||||
about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. | ||||||||||
The following is a summary of the inputs used to value the Fund's investments as of December 31, 2022: |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Total Common Stocks | $ | 1,371,361 | $ | - | $ | - | $ | 1,371,361 | ||||||||
Total Investments | $ | 1,371,361 | $ | - | $ | - | $ | 1,371,361 | ||||||||
Refer to the Fund's Schedule of Investments for a detailed break-out of holdings by industry. |